Business Facts

    Random Business Facts

    There are 75 Business Facts!

    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
    44
    In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
    -2
    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    The first owner of the Marlboro Company died of lung cancer.
    342
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
    100
    The average company saves over $7,000 for each employee suggestion that is enacted!
    41
    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
    12
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5